TBI Corn (NSE:TBI) PB Ratio: 1.13 (As of Sep. 01, 2026) — 71% Below Median

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NSE:TBI TBI Corn Ltd NSE:TBI
18 GF Score
Price ₹69.20
! 4 Warning Signs
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What is TBI Corn PB Ratio?

TBI Corn NSE:TBI -1.63% 18 PB Ratio is 1.13 as of Sep. 01, 2026, which is 71% below its 10-year median of 3.91. GuruFocus rates NSE:TBI with a GF Score™ of 18/100. The stock has 4 warning signs investors should review. Among 1,903 Consumer Packaged Goods companies, TBI Corn ranks better than 59.22% on this metric.

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-09-01), TBI Corn's share price is ₹69.20. TBI Corn's Book Value per Share for the quarter that ended in Sep. 2025 was ₹61.45. Hence, TBI Corn's PB Ratio of today is 1.13.

Good Sign:

TBI Corn Ltd stock PB Ratio (=1.14) is close to 3-year low of 1.14.

The historical rank and industry rank for TBI Corn's PB Ratio or its related term are showing as below:

NSE:TBI' s PB Ratio Range Over the Past 10 Years
Min: 1.12   Med: 3.91   Max: 16.09
Current: 1.12

During the past 5 years, TBI Corn's highest PB Ratio was 16.09. The lowest was 1.12. And the median was 3.91.

NSE:TBI's PB Ratio is ranked better than
59.22% of 1903 companies
in the Consumer Packaged Goods industry
Industry Median: 1.41 vs NSE:TBI: 1.12

During the past 12 months, TBI Corn's average Book Value Per Share Growth Rate was 181.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 145.70% per year.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of TBI Corn was 145.70% per year. The lowest was 102.90% per year. And the median was 124.30% per year.

Back to Basics: PB Ratio


TBI Corn  (NSE:TBI) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


TBI Corn PB Ratio Related Terms


TBI Corn PB Ratio Historical Data

* Premium members only.

The historical data trend for TBI Corn's PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

TBI Corn PB Ratio Chart

TBI Corn Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
PB Ratio
0.00 0.00 0.00 0.00 1.38

TBI Corn Quarterly Data
Mar21 Mar22 Mar23 Sep23 Dec23 Mar24 Mar25 Sep25
PB Ratio Get a 7-Day Free Trial 0.00 0.00 0.00 1.38 1.46

NSE:TBI vs ADM, BG, TSN: PB Ratio Comparison

For the Farm Products subindustry, TBI Corn's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


TBI Corn PB Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, TBI Corn's PB Ratio distribution charts can be found below:

* The bar in red indicates where TBI Corn's PB Ratio falls into.


NSE:TBI
18GF Score
TBI Corn Ltd NSE:TBI
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TBI Corn PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

TBI Corn's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2025)
=69.20/61.446
=1.13

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 1.13 mean?
TBI Corn (NSE:TBI) has a PB Ratio of 1.13 as of Sep. 01, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on TBI Corn and its competitors. This is 71% below median its historical median of 3.91. Over the past decade, TBI Corn's PB Ratio has ranged from 1.12 to 16.09. According to the industry distribution chart, TBI Corn ranks #776 out of 1903 companies in the Consumer Packaged Goods industry, placing it in the top 40.8%.
Is TBI Corn's PB Ratio too high?
TBI Corn's current PB Ratio of 1.13 is 71% below median its 10-year median of 3.91. Over the past 10 years, this metric has ranged from a low of 1.12 to a high of 16.09. The Consumer Packaged Goods industry median PB Ratio is 1.41. TBI Corn's value of 1.13 is 19.9% below this industry median. Based on the distribution chart, TBI Corn ranks #776 out of 1903 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, TBI Corn has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does TBI Corn's PB Ratio compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, TBI Corn ranks #776 out of 1903 companies for PB Ratio. This puts TBI Corn in the upper half of its industry. The industry median PB Ratio is 1.41. TBI Corn's value of 1.13 is 19.9% below this benchmark. Historically, TBI Corn's own PB Ratio has ranged from 1.12 to 16.09 over the past decade. While the company's 10-year median is 3.91 vs. the industry median of 1.41, TBI Corn has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for a Consumer Packaged Goods company?
The median PB Ratio among Consumer Packaged Goods companies is 1.41, based on 1,903 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. TBI Corn's current PB Ratio of 1.13 is 19.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on TBI Corn and its competitors. For the Consumer Packaged Goods industry, the median PB Ratio is 1.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TBI Corn's current PB Ratio is 1.13, which is 71% below median its own 10-year median of 3.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TBI Corn stock overvalued right now?
TBI Corn (NSE:TBI) has a current PB Ratio of 1.13. The current PB Ratio is 1.13, which is 71% below median its 10-year median of 3.91 and 19.9% below the Consumer Packaged Goods industry median of 1.41. TBI Corn's overall GF Score™ is 18/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For TBI Corn (NSE:TBI), the current PB Ratio is 1.13 as of Sep. 01, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

TBI Corn Business Description

Address MIDC, A5/3 and A5/4, Miraj, District - Sangli, Sangli, MH, IND, 416410
TBI Corn Ltd is an Indian company operating in the corn grits industry. It is a diversified manufacturer of GMO-free and chemical-free corn products, including corn/maize grits, corn flakes, broken maize, corn flour, and turmeric finger. Geographically, the company generates maximum revenue from the sale of its products in the domestic market, and also exports its products to other countries.
18GF Score

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₹69.20
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